Bare Land in Kissimmee, FL
Hi! Not sure if this is the right forum to be posting this particular question, but my parents have a plot of land in Kissimmee that they want to make some money off of. They bought it years ago with the intention to eventually move there, but at the end of the day, ended up staying where they are now. This plot of land has been costing them money in taxes, maintenance, and other all kinds of fees. It's essentially been cash sink hole.
We don't know anything about developing or even how the market is doing there. They are trying to sell it, but no one seems to be biting. The realtor they last hired to help them sell it was asking they pay around $600 to get the land surveyed and assessed to see if it was buildable. Is this normal?
Any advice would be much appreciated. We wouldn't mine someone who could develop and split the proceeds or just paying a builder and using the land to generating income with a rental. If you need more details, just let me know, and I can get them. Thanks!